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IWS Documented News Service

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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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JOB OPENINGS AND LABOR TURNOVER – JANUARY 2014 [11 March 2014]

http://www.bls.gov/news.release/jolts.nr0.htm

or

http://www.bls.gov/news.release/pdf/jolts.pdf

[full-text, 32 pages]

and

Supplemental Files Table of Contents

http://www.bls.gov/web/jolts.supp.toc.htm

 

 

There were 4.0 million job openings on the last business day of January, little changed from December,

the U.S. Bureau of Labor Statistics reported today. The hires rate (3.3 percent) and separations rate (3.2

percent) were little changed in January. This release includes estimates of the number and rate of job

openings, hires, and separations for the nonfarm sector by industry and by geographic region. The

release also includes 2013 annual estimates for hires and separations. The annual levels for hires and

quits increased in 2013 while the annual total for layoffs and discharges decreased.

 

Job Openings

 

There were 4.0 million job openings in January, little changed from December. The number of openings

also was little changed in total private and government. The number of job openings decreased in retail

trade; the number increased in health care and social assistance and in arts, entertainment, and

recreation. The West region experienced a rise in job openings in January. (See table 1.)

____________________________________________________________________________________________________

|                             Revisions to the JOLTS Data                                          |

|Job openings, hires, and separations data have been revised from December 2000 forward to         |

|incorporate annual updates to the Current Employment Statistics employment estimates and the Job  |

|Openings and Labor Turnover Survey (JOLTS) seasonal adjustment factors. In addition, durable      |

|goods manufacturing and nondurable goods manufacturing data are now available on a seasonally     |

|adjusted basis. See the note at the end of this release for more information about these changes. |

|__________________________________________________________________________________________________|

 

The number of job openings (not seasonally adjusted) increased over the year for total nonfarm and total

private but decreased for government. Over the year, the number of job openings increased in several

industries while it decreased in real estate and rental and leasing and in federal government. The

Midwest and West regions experienced an increase in the number of job openings over the 12 months

ending in January. (See table 7.)

 

Hires

 

There were 4.5 million hires in January, little changed from December. The number of hires was

essentially unchanged for total private and government. The number of hires fell in January in retail

trade and in the Midwest. (See table 2.)

 

Over the 12 months ending in January, the number of hires (not seasonally adjusted) changed little for

total nonfarm, total private, and government. Hires levels rose over the year in professional and business

services and in educational services. The number of hires was little changed in all four regions. (See

table 8.)

 

AND MUCH MORE...including TABLES....

 

 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.